National Bank Financial Inc Maintains Sector Perform on Canadian National Railway, Lowers Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Cameron Doerksen has maintained a 'Sector Perform' rating on Canadian National Railway (NYSE:CNI) but has lowered the price target from C$171 to C$168.

October 05, 2023 | 5:52 pm
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NEGATIVE IMPACT
Canadian National Railway's price target has been lowered from C$171 to C$168 by National Bank Financial Inc, though the 'Sector Perform' rating is maintained.
The lowering of the price target for Canadian National Railway by National Bank Financial Inc could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. However, the maintenance of the 'Sector Perform' rating indicates that the analyst still sees the company as a solid performer within its sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100